CHF is the save heaven currency due to the fact that the Swiss National Bank (SNB), the Switzerland central bank is the central bank of the FED and the BOJ. It is likely also the central bank of other central banks. The position of the SNB as the central bank of the central banks slightly replicated by the UBS by position the bank as the banker of the bankers. However, all of the largest banks are the banks of the banks.
The U-shape band 1 of the USDCHF to indicate the USDCHF will be to upward in long term, however the U-shape band 2 is indicating for downward, and at such, it is mixed and not applicable for decision making tool. Further, CHF also utilized for carry trading activity despite SNB prohibited by policy. At such, CHF is out-flowing for carry trading activity to weaken CHF and in-flowing by the unwinding to strengthen the CHF. The investment however is parallel to USD and JPY as the counterparts.
The highest USDCHF may be able to reach limited to 1.0250 and thereafter will be strengthened in long term. At such, USDCHF most likely profitable to trade on "short term" and "monthly term" but at very narrow bands.
The U-shape band 1 of the USDCHF to indicate the USDCHF will be to upward in long term, however the U-shape band 2 is indicating for downward, and at such, it is mixed and not applicable for decision making tool. Further, CHF also utilized for carry trading activity despite SNB prohibited by policy. At such, CHF is out-flowing for carry trading activity to weaken CHF and in-flowing by the unwinding to strengthen the CHF. The investment however is parallel to USD and JPY as the counterparts.
The highest USDCHF may be able to reach limited to 1.0250 and thereafter will be strengthened in long term. At such, USDCHF most likely profitable to trade on "short term" and "monthly term" but at very narrow bands.